Trump escalates China tariffs to 130%, reigniting trade war
TL;DR Summary
U.S. President Trump announced a significant increase in tariffs on Chinese exports to 100% and imposed export controls, leading to market volatility, a sell-off in stocks, and concerns over escalating trade tensions with China, which could impact global supply chains and investor confidence.
Topics:nation#business#china-trade-dispute#investor-sentiment#market-reaction#trade-war-escalation#trump-tariffs
- Investors react to Trump's threat of 'massive increase' in China tariffs Reuters
- Trump puts extra 100% tariff on China imports, adds export controls on 'critical software' CNBC
- Trump announces 130% tariffs on China. The global trade war just came roaring back CNN
- Wall Street tumbles to its worst day since April after Trump threatens more tariffs on China AP News
- Trump to hike China tariff to 130% and impose software export controls next month, as trade war reignites to nearly 'Liberation Day' levels Fortune
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